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Search Results 0 to 17 of about 18 (some duplicates have been removed)
like the meeting may have broken up. there goes nancy pelosi, and we are told now house speaker boehner may have already left, and, no, they are not talking to reporters. nancy is looking for her car to leave the white house, and we're not getting anybody talking to the reporters at this point, so maybe we'll get some -- and i'm told now the futures market in the after-hours pegs is extending the losses that we've been seeing in the last hour of trade. maybe we'll get eamon javers to get in front of the camera when we come back. stay tuned. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> congressional leaders have just left the white house about an hour and 20 minutes arr
to make that happen. that means, who do you need? nancy pelosi and you're going to have to get democrats to get something through the house. and so, i certainly think republicans hurt themselves in their leverage and look at the polling, 51% of americans have a favorable view of democrats, 31% of americans have a favorable view of republicans, and i can't imagine after watching what happened last night that those numbers for republicans have gotten better. i imagine they've gotten worse. i think the last thing i'll say here is for speaker boehner, he is in a very weakened position in terms of, you know, trying to bargain because he couldn't -- the plan "b" was a terrible, terrible deal from the democrats' perspective. had lots of sweeteners that the republicans wanted in terms of cuts. and he couldn't get the votes for it. >> well, for a lot of reason. dan greenhaus, you know what happens? if the fiscal cliff goes to january, the middle class tax cuts won't be extended, right? they end. but if you're a republican in the house, you'll be voting for a tax reduction. in other words, the fir
. >> the american people have a right to be very upset with this congress. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of commerce. >> i don't know time wise how it can happen now. >> under senate rules, the only way a bill could make its way through the procedural hurdles in time is if every senator agrees not to. they'll have 24 hours. outside the beltway, carlino will be watching. >> everyone is kind of in a wait-and-see and fingers-crossed per expect tichb right now. >> since 1930 this is only the fifth time congress has worked after christmas. and today's summit is the first time president obama has met face to face with congressional leaders since mid-november. duarte, tick tock. >> thank you. >>> general schwarzkopf is being remembered this morning
that was actually nancy pelosi's solution which was to raise taxes on those earning a million dollars or more. not one democrat agreed to vote for it. >> let's talk about that plan "b." it was not successful. hastert had some unkind words saying i don't want to be critical of john, but you don't ever bring something to the floor if you don't have the votes. so congressman, did the speaker miscalculate and do you think he'll be challenged for the speakership when the new congress convenes? >> no, he's not going to be challenged for the speakership. he didn't bring it to the floor. he decided not to bring it to the floor. but he could have brought it to the floor if they had even 30 democrats willing to say i'll do what nancy pelosi said we should do. and that plan "b" would have passed. it would have demonstrated we were willing to put revenue on the table and got the wheels greased a little bit for a negotiation. >> john harwood tweeted this. he said gop house members and colleagues, i blame most of this on a block of about 50 members who have the political judgment god gave a goose. do you t
of that meeting. reid said that he found the meeting to be constructive as well as did nancy pelosi. speaker boehner seemed to have a slightly different take, basically saying, look, we've already passed legislation in the house to deal with the sequester, to deal with some of these issues so why not revisit what was passed in the house? but the bottom line is the words that are coming out of this meeting, constructive, optimistic. there seems to be a little bit of movement. you always hesitate to say that because, of course, these talks could become derailed at any minute, but president obama set to address the press and the nation hopefully to give us a little bit of a better sense of how that meeting wrapped up. >> kristin, how do we square the sense of optimism and everyone saying that the talks were constructive when they're still stuck on the same points? if this hasn't moved on from $250,000 a year? >> reporter: correct. it's a very good point, and so the question is what can leader reid do, mitch mcconnell do within the next 24 hours to basically put together a compromise package? i
to nancy pelosi. >> does this get easier once boehner gets reelected as majority leader? >> hopefully we don't get to that point, but that senate bill did not get a single republican vote. >> jonathan, answer my question. does this get easier? >> let's pretend we're not going have a deal and january 3rd comes and boehner, he hopes gets reelected as speaker of the house, then the deal get easier to get done? >> this isn't even an issue. >> oh, come on! you know what i'm asking here! >> speaker boehner will get reelected and that's not the issue and the issue is not to pass something through the senate that can go on to pass the house. >> john, do you think that the republicans bill which essentially goes after programs for the poor increases military spending? so it adds to the deficit and only is willing to raise taxes on millionaires and above and that is getting through the senate. so what you're saying the reverse is true when you look at the house. boehner can pass the senate bill tomorrow as harry reid said today, but he doesn't want to do it with democrats and he wants a majority o
hear is the senate leaders are there. speaker boehner and minority leader nancy pelosi have yet to arrive, but now we're showing you live pictures. maybe somebody is going to get out of that car, and we'll see if any of the other leaders will be heading to the white house. this is speaker boehner right now heading into the white house. we'll keep you updated as this hour progresses here. >> indeed, meantime, more red arrows here on wall street as investors are awaiting for any signs of progress from the white house meeting which is about to get under way. right now we're sitting smack on 13,000. we've clawed back from being below that earlier on today. the nasdaq has also moved to the downside by half a percent as we speak. the s&p 500, as we speak, folks, is now down for the fifth straight day. i think it's down about 1.3% over the course of this week. so far let's see what happens over the last crucial hour of this trading day. >> so the clock is ticking. all eyes are on the white house. we've got i'm an javers there in washington as we wait for the white puff of smoke to come
, house democrat leader nancy pelosi told us she's at least a little encouraged. >> it was constructive. as i say, candor is constructive, and i think it moved us forward, but we'll see. >> reporter: it was the first meeting with the president and all the congressional leaders in six weeks. it follows an impasse that has shaken wall street, the dow down more than 400 points since talks stalled last week. and on main street, business owners like drew greenblatt, who owns a wire basket manufacturing company in baltimore, say the coming fiscal cliff is already causing pain because they just don't know what will happen to their taxes. >> right now we're doing our budget. we're deciding how many people we're hiring next year. we're figuring out how many robots and machines we'll invest in our factories. >> reporter: and across the country all the political bickering had people outraged with washington. >> i can't believe we've gotten this close. >> time for them to turn in their term paper. >> this is america. they should be working for the american people. >> the parties are trying to outdo
way and it did not work, look, nancy pelosi, how do we get something through the house? >> talk about the reid/mcconnell special relationship. they were the two that cobbled together deals. 2011 is a great example. will they have a three-peat here? >> again i'm not bullish on this. i think robert might be a little more than i am. i think it would require a lot of courage on mcconned to put something through that democrats like and to impress upon john boehner to get this to the floor of the house i think could put -- on the bright side it could put him in a heroic position. >> very quickly. >> mcconnell is in a tricky position. >> he is looking a the 2014. thank you both so much. >> thank you. >>> >>> today's tweet of the day is about the milk cliff. glen johnson tweets amid talk of milk going up to $7 a dplon, with no deal, we'll all just start drinking gas then. [ male announcer ] with over 50 delicious choices of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant >>> the uncertainty caps off a huge year in politics.
he heard from any democrat, president, senator reid, nancy pelosi, anybody in about a month in terms of talking about the fiscal cliff. so everyone has sort of delayed really facing all of th up against the deadline now, jon. jon: that seems clear. ed henry at the white house there. ed, thank you. stay on it for us. for more on this let's bring in the editor of "campaigns & elections" magazine, shane deapril. campaigns and elections might be appropriate here because some say there is a lot of political posturing going on. you have said the feeling in washington it might actually be better to go over the cliff and come back and negotiate. why? >> yeah. now, this is of course purely political campaign calculation here, tossing aside the nation's fiscal health frankly. for both side i think there is good argument to be made for congressional leaders, democratic leaders and republican leaders in particular, there may be less political risk here actually if we do go over the cliff and figure out a solution very quickly afterwards. if you go back to what happened with plan b, speaker boehn
that is a benefits cut. they say they will primary any democrats who vote for it. they said if nancy pelosi votes for it, they will not offer for our support if she tries to run for the minority leader of the democrats. host: speaking of the leadership situation, talk to me a little bit about the lead -- allegiances in the house, punching in among the republicans. do the republicans favor the leadership of eric cantor more than the leadership of john boehner and? will this cost john boehner his -- more than the leadership of john boehner? will this cost john brennan his speakership? guest: boehner said the members were not angry with him. they were not showing dissatisfaction with him. one of the other things about that was that standing next to him at the press conference was eric cantor. that was a clear sign that these guys are tied together and eric cantor is not ready to unseat john brennan. there was a lot of symbolism in that press conference. -- ready to unseat john boehner. if he goes back and stars to negotiate with president obama and tries to bring back the deal at this conference can
's point, look, democrats have their own up issues internally. nancy pelosi leader democrats in the house and harry reid, leader of senate democrats essentially saying entitlements are off the table when we know entitlements are the biggest drivers of debt. gregg: there may be a reason for that. marjorie, senator john barosso chairman of the republican policy committee put his finger on it. he believes the president is eager to go over the cliff for political reasons because he senses victory at the bottom of the cliff. those are his words verbatim and, you know, then the president gets to punish republicans. and he also might get more money in a for taxpayers, from taxpayers to expand the government. what about that? >> well i have a really hard time believing anybody, republicans or democrats would win from going over the cliff. talking about potentially putting country in recession, what it would do to the markets. here's the deal. these type of negotiations what we lost a $4 trillion opportunity when boehner and obama were at the table having talks prior to the holiday. what we're loo
. number two, plan b was really the idea of chuck schumer and nancy pelosi as recently as in this summer. to set the threshold on incomes to a million dollars versus 250,000, allow those tax rates for a million and above go up, the president talked about taxing millionaires and billionaires, that would be right, and now let the rest of the country enjoy the extension of the full bush tax cuts which i think we now even see democrats acknowledging have meaningful -- gregg: basil, if it doesn't work, the president's going to have egg on his face, right? >> no, not at all. gregg: come on. >> the president has come back with a compromise. the people that have egg on their face are republicans. they've taken intractable positions where as the president has made concessions, boehner cannot show leadership to get anything passed through his congress right now. and, quite frankly, they're being sort of held by the tea party against some extraordinary positions that they have to take at a time when the paradigm has shifted. so i think the country is recognizing that the country -- gregg: looking a
it very difficult to lead. nancy pelosi is still able to lead her caucus. she kept every single democrat, everyone the most moderate, she kept them all in line to not vote for the boehner bill. boehner just can't do it. >> thanks so much. really good to see you dana, ryan, thanks to you both. >>> first tornadoes and now blizzard conditions. we're following several severe weather stories making it difficult for millions of americans. holly is at the world's busiest airport, hartsfield jackson in atlanta. what are you seeing there? >> reporter: well, joe, it's pretty steady here. it's getting a little bit more crowded as the evening goes on. but i can tell you that some people are heading home after christmas and finding it tough to travel today because of that massive storm barreling through the country. it's wreaking havoc on the roads and in the air. snow, ice and high winds. >> we want to get out. >> it's always scary when you're flying that you'll be stuck in the airport. >> reporter: as massive storm it that left many in the midwest and parts of the south with a white christmas is po
Search Results 0 to 17 of about 18 (some duplicates have been removed)

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